(Al Drago/Getty Images)
(Al Drago/Getty Images)

DeJoy bought up to $305,000 in bonds from USPS board chair’s investment firm

Board of governors Chair Ron Bloom has backed DeJoy’s plans at the mail agency, including proposals to slow delivery and raise prices.

CFPB keeps pressure on mortgage companies to assist struggling homeowners

The Consumer Financial Protection Bureau is keeping the pressure on servicers to be proactive in helping homeowners avoid foreclosure.

Nearly 60,000 pounds of chicken products recalled after salmonella outbreak sickens dozens

The brands of the five Serenade Foods products included in the recall — Dutch Farms Chicken, Milford Valley Chicken and Aldi store brand Kirkwood — were shipped to distributors nationwide.

Mortgage rates are pushed higher by strong employment data

The 30-year fixed-rate average, which had fallen four of the past five weeks, climbed to 2.87 percent.

Stay-at-home dad returns to workplace but struggles with ‘stupefyingly boring’ job

You can't always make your work more interesting, but artificial deadlines and focused shifts can help keep the tedium from overwhelming you.

NSA quietly awards $10 billion cloud contract to Amazon, drawing protest from Microsoft

The bid protest tees up another fight between two West Coast cloud computing giants.

Prices rise 5.4 percent in July over last year as the economy claws back from pandemic depths

The Fed and White House predict prices will continue to climb as consumer demand surges before supply chains can catch up.

Facebook bans Russian disinformation network that claimed coronavirus vaccines turn people into chimpanzees

The company called the anti-vaccine campaign a “disinformation laundromat,” whose efforts spanned Reddit, Medium and Change.org, as well as Facebook and its sister platform Instagram

Walter Yetnikoff, abrasive CBS Records executive with a roster of stars, dies at 87

His company scored hits by Michael Jackson and Bruce Springsteen as he cultivated a bad-boy image of wanton excess.

What’s in the $1.2 trillion Senate infrastructure package

The bipartisan bill includes $550 billion in new investments in roads, bridges, broadband and more. It is widely expected to create a lot of jobs.

AMC will let customers pay in bitcoin by the end of 2021

AMC’s chief executive Adam Aron confirmed that the biggest theater chain in the U.S. is wading into the cryptocurrency quagmire.

With tenants who won’t pay or leave, small landlords face struggles of their own

Many corporate apartment chains catering to white-collar workers are raising rents and booking enormous profits while some small landlords are giving up and deciding to sell as the eviction moratorium stretches on.

U.S. markets, oil prices dip as concerns intensify over delta variant

Companies whose fates are tightly tethered to the recovery saw their stocks sink.

For first time, average pay for supermarket and restaurant workers tops $15 an hour

$15 an hour is suddenly the rule, not the exception, for U.S. workers. It’s a major shift from pre-pandemic.

How cryptocurrency became a powerful force in Washington

The nascent cryptocurrency industry — eager to shed a reputation for being lawless and anti-regulation — is looking to influence ongoing political and regulatory debates that could alter cryptocurrency’s future.
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